Spring Hotels is in talks with funds and family offices to set up a hotel‑asset management business and plans to invest over €300 million in new Tenerife hotel developments from 2028. The shift could diversify Spring Hotels’ revenue streams, reduce capital‑intensive exposure, and tap into growing investor interest in hospitality real estate. Spring Hotels (lead), unidentified investment funds and family offices, Tenerife regional authorities (for future projects). Finalisation of partnership agreements, launch of the asset‑management platform, and commencement of pre‑development work on Tenerife projects. Spring Hotels announced it is negotiating with investment funds and family offices to create a dedicated hotel‑asset management line. The initiative would allow the chain to manage third‑party hotel properties while earmarking more than €300 million for new hotel projects in Tenerife starting in 2028. The move reflects a broader industry trend toward asset‑light growth strategies and seeking external capital for expansion.
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